#数字货币市场洞察 Those who shorted $pippin with me, this round should have been quite satisfying.

This time is different—the whales really intend to pull out.

How can you tell? Let’s talk about their usual tricks.

First, the pump logic: they slowly accumulate at the bottom, then pump the price to make you think it’s about to take off, then suddenly dump hard—liquidating the longs while giving the shorts a little taste. They repeat this pump-and-dump cycle several times, getting the shorts completely hooked.

But the real show comes later. When the whales are ready, they’ll shuffle spot between their own accounts, driving the price up. This creates a spread between spot and futures, causing the funding rate to go negative. Excessively negative funding? Those shorts become fuel, and the whales use the funding they’ve earned to keep pushing spot higher.

Now, look at the price action details—every night at 1 am sharp, there’s a downward wick as they quietly offload while everyone’s asleep.

Now the key signal is here: the funding rate is about to hit zero. This means the whales are no longer actively manipulating and are most likely preparing for one last exit.